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Nvidia CEO Warns of Years-Long Memory Chip Shortage
7 Jun
Summary
- Nvidia and SK Hynix are expected to announce a cooperation plan.
- Chip shortages are anticipated to persist for several years.
- Nvidia's CEO met with SK executives in Seoul for discussions.
Nvidia CEO Jensen Huang is poised to unveil a cooperation agreement with South Korean semiconductor giant SK Hynix. This announcement is anticipated to occur following meetings held between Huang and SK executives, including Chairman Chey Tae-won.
During his visit to Seoul, Huang offered a stark outlook on the global chip supply chain, predicting that the current memory shortage will persist for "quite a few years." He attributed this ongoing scarcity to exceptionally high demand that affects every stage of production, from wafers to advanced packaging.
The Nvidia leader's discussions with SK Hynix executives took place in a casual setting, emphasizing the collaborative nature of their impending partnership. This cooperation aims to address the critical supply chain challenges impacting numerous sectors reliant on advanced chip technology.
